Coriander Drops On Ample Supplies

Coriander prices fell by 0.67 per cent on Tuesday at the National Commodity & Derivatives Exchange Limited as the adequate stocks availability in the physical market put pressure on coriander prices. At the NCDEX, coriander futures for January 2016 contract were trading at Rs. 7,100 per quintal, down by 0.67 per cent, after opening at Rs. 7,161 against the previous closing price of Rs. 7,148. It touched the intra-day low of Rs. 7,100 till the trading.

Sentiment weakened further as speculators reduced their positions on the back of sluggish demand in the market.